In this post we will be focusing on how to make passive income streams with a blog or website. This is our third post focusing on how to make passive income streams. Before we start you might want to check out Part 1 and Part 2. These cover a variety of different methods you can use to start creating yourself passive income streams.
Getting Started With A Blog
Before starting a blog it is important to decide if your blog is going to be something you are creating as a hobby or passion. Or if your main aim is to earn money from it. You can create a blog in any niche you like. But it is advisable to select a subject that you are interested in and have knowledge about. After all you want to be able to create great content.
Also the more niche the subject, the more limitations you may have generating traffic. This could reduce the options you have available to monetize the site in future. Below we will outline a few of the simplest steps you can do to get your blog up and running and start making it profitable.
Depending on the type of content you aim to offer you could consider a subscription model. This is where users will pay a fee to access premium content on your site. You can find more information on how to easily create a WordPress membership site with the DigiMember plugin.
Site Identity And Branding
It is important to create the right branding and a good quality logo for your site. This will give off a good first impression to your visitors. Ensure colour schemes and text are clear, consistent and easy to read.
Also ensure buttons, menus and the whole site are easy to navigate. When first starting, it is much better to keep it to a few simple clean and clear web pages. These can be built upon later. You can create professional quality logos and branding for your site with a low cost freelancer on Fiverr.
If you want to get set up quickly and professionally but don’t have the time or skills to do it yourself, why not try hiring a freelancer on Fiverr to create your entire site for you? Fiverr can be utilised to manage all aspects of your business including design, SEO, marketing, article content and blog posts.
Drive Traffic And Build A List
Once you have your blog set up it is important to offer quality content that people will value and find useful. This will help drive traffic and user engagement, making those people return to your site and help build your email lists.
It is important to create an SEO (Search Engine Optimization) strategy with the use of keywords and phrases to improve your rankings on search engines. If you are uncertain about this then an easy way is to hire an SEO expert on Fiverr.
Build An Email List
Everybody likes getting something for free. One way to encourage email sign ups is by giving something away such as a free eBook. You can create and publish your own eBooks easily with a great software called Sqribble. Then use these as giveaways. Or even sell them if they contain quality content that people are willing to pay for. You can find more information and read our full review of the powerful features available with Sqribble.
Make Passive Income With Affiliate Marketing
Another step you can do to monetise your blog is affiliate marketing. With affiliate marketing, you are advertising somebody else’s products or services. This is through the use of unique referral links and promotional materials you place on your blog. This will drive traffic to the vendor’s sales pages where hopefully the user will make a purchase. You will then receive a commission for all sales that are made through your referral links.
This has to be one of the best ways to earn passive income online. It is a very simple and straightforward process. Once you have posted your links you don’t need to do anything else.
There are many different affiliate marketing networks to join. Each program or platform will have differing registration requirements. Some require you to have a website.
Automate Your Site
Now you have visitors to your website. But you now need to turn these visitors into leads and sales. The easiest way to do this is by utilising AI technology to engage with visitors on your website instantly with automated live chats. You can do this with a bot called ConversioBot. You can read our full post on this fantastic AI technology here.
Or take a look at the video presentation below for a demonstration on how ConversioBot works.
Market On Social Media
It is important to have a social media presence, billions of people around the world use social media sites like Facebook, Twitter, YouTube and TikTok on a daily basis, you can reach more visitors by creating effective marketing campaigns and promoting your blog and affiliate links on your social media channels. Master TikTok For Business
More Ways To Make Passive Income
Hopefully this will have given you a good idea of how to get started with your blog. There are more ways you can monetize your blog including displaying adverts and podcasting. We will cover more of these in future posts so please ensure you sign up to our mailing list to keep up to date with all our latest posts. You can also find more information and useful posts on our blog.